Heightened trading on Friday has triggered bitcoin price to hit $8,040, a new all-time high. Bitcoin’s week of resurgence continues as trading (on Bitfinex) climbed above $8,000 for the first time in history. The figure represents a gain of 700% this year and over 10% gain since Thursday’s opening.

The bitcoin price continued its mid-week recovery on Thursday. The flagship cryptocurrency climbed past $7,400, bringing it to a seven-day high and placing it within striking distance of its all-time record. However, the rally was largely isolated to bitcoin — at least at the top of the charts — and eight of the 10 largest cryptocurrencies experienced net declines for the day.

The bitcoin price has surpassed $7,500 today, on November 16, achieving $7,558 at its peak, as the market continues to demonstrate optimism around the rapid rate of adoption by leading financial platforms.

Parity Technologies has released an update about their investigation into the multi-signature wallet bug that permanently froze hundreds of millions of dollars worth of ether. Unfortunately for wallet owners, the analysis has not yet revealed any turnkey solutions.